Alkermes' (ALKS) Q1 Earnings & Revenues Fall Shy of Estimates
ALKSAlkermes(ALKS) Zacks Investment Research·2024-05-03 00:41

Alkermes plc (ALKS) reported adjusted earnings from continuing operations of 44 cents per share for first- quarter 2024, which missed the Zacks Consensus Estimate of 59 cents. The company had reported adjusted earnings of 18 per share in the year-ago quarter. ALKS’ revenues of 350.4millionrose21.8350.4 million rose 21.8% from the year-ago quarter’s level owing to the strong performance of its proprietary products portfolio. The top line, however, missed the Zacks Consensus Estimate of 360 million. Quarter in Detail Alkermes ...